Choose Index below for a list of all words and phrases defined in this glossary.
O.C.T. - Operation Cost Target - This value represents the maximum expenditure for material, labor, outsourcing, overhead, and all other costs associated with that project. This figure can then be divided between the various operations comprising the manufacturing process, in order to control costs at each step.
[Category=Data Quality ]
Source: iSixSigma, 08 February 2011 08:55:34, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary
Data Quality Glossary. A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl